Good Governance Awards 2024 Technical Assessment of the Financial Statements.
The Carmichael Good Governance Awards consists of a three-staged process to identify the winners in each of the categories; a general assessment stage, a technical assessment of financial statements of those entries that have been longlisted in the general assessment and a judging stage of the shortlisted entries to select the category winners. The technical assessment is conducted by our panel of accounting firms who assess the compliance of the financial statements with relevant legal and accounting standard requirements. This information resource is a list of the compliance issues identified by our Technical Assessors in the 2024 Good Governance Awards.
On April 26th, we hosted a Governance Dilemma Webinar demonstrating how you manage real life dilemmas in the sector.
In this edition, we looked at a real-life challenge that a nonprofit Board has faced and considers a range of responses. The scenarios are anonymised so as not to identify any particular nonprofit.
The panel consisted of:
Gerry Egan, consultant and trainer. Gerry works with a variety of commercial and non-profit clients specialising in corporate governance, data protection and strategy and change.
Andrew Madden, Head of Training, Consultancy & Communications at Carmichael. Andrew enjoys working in the non-profit sector where he sees people motivated by a desire to make a real and positive difference. He is particularly passionate about governance in non-profit organisations as he believes that well-governed organisations are best placed to achieve and realise their own objectives to the fullest.
Jillian van Turnhout, consultant, Chartered Director and certified by INSEAD in corporate governance. Jillian has been a CEO, Chair and is an experienced Director (State, Charity and Commercial).
The panel was chaired by Diarmaid Ó Corrbuí, CEO of Carmichael. Diarmaid has extensive experience as a board chair and a board member in a number of charities and with working with boards and providing governance support and advice. He is actively involved in the Good Governance Awards, Mentoring and the Board Chairs Network initiatives led by Carmichael.
If you would like to join the Governance Dilemma mailing list, sign up here.
Here you can find a short (and by no means exhaustive) list of various organisations which may be able to help your nonprofit.
A template aiding with the integral process of a new director/trustee onto the board, including a check-list of the main tasks needed to set the new member up.
We add resources to our page frequently. Have a look at our vast list of our resources that may help your organisation. They all fall under the theme of Governance and the sub-categories are:
- Communications;
- Difficult Times and Unexpected Changes;
- Leadership;
- Resources for Charities and Non-Profit Organisations;
- Planning and Organising;
- Templates, Reports and Paperwork.
Using Improving Charity Boardroom Behaviours’ as a reference, Carmichael have summarised a shorter guidance note on ‘Behaviours of an Effective CEO’.
Using ‘Improving Charity Boardroom Behaviours’, Carmichael have summarised a shorter guidance note on ‘Behaviours of an Effective Charity Trustee’.
As more organisations move towards hybrid meetings, it’s important to make sure your hybrid
meetings are as efficient and engaging as possible. We’ve gathered our top tips below.
This document is intended for guidance only in the area of Risk Management and all organisations should develop their own Risk Management System and Risk Register.
The Compliance Calendar is a useful addition to the board materials for a meeting to ensure that relevant actions are addressed by the Board. It can also assist with preparing the agenda for an upcoming meeting. This Sample Compliance Calendar, suitable for small or all volunteer organisations, should be amended/tailored to reflect the specific compliance requirements of your own charity or non-profit.
Carmichael wishes to acknowledge the support of Colm Hanley, LK Shields Solicitors in the development of this resource.